Section: Latest news

Ukrainian large and medium-sized enterprises, excluding banks, received UAH 75.651 billion, or US$2.8 billion, in profit before tax in 2016 against UAH 236.566 billion, or $8.8 billion, in loss in 2015, according to the Ukrainian State Statistics Service`s tentative data. The financial result of Ukraine`s profitable enterprises grew by 12.6%, to...

The UN International Court of Justice in The Hague on Wednesday issued an order refusing to satisfy Ukraine`s request on introducing provisional measures against Russia under the International Convention for the Suppression of the Financing of Terrorism (ICSFT). The court`s order was announced by ICJ President Ronny Abraham at the Peace Palace in...

The National Bank of Ukraine (NBU) has received a package of documents from an investor, a citizen of the United Kingdom and the Russian Federation, Grigory Guselnikov, for the approval of the acquisition of a 22.5% stake in Russian Sberbank`s Ukrainian-based subsidiary, according to the NBU`s press service. The documents are currently being...

The UN International Court of Justice in The Hague ruled to apply provisional measures against Russia under the International Convention on the Elimination of All Forms of Racial Discrimination, to protect national minorities in Crimea. The court`s order was announced by ICJ President Ronny Abraham at the Peace Palace in The Hague Wednesday. ”The...

Following in the footsteps of other former employees, more of the Kremlin`s online army are now coming forward to tell their stories of working 12-hour shifts in Russia`s most controversial office, according to The Moscow Times. ”Yes, Russian trolls did target the U.S. elections,” The Moscow Times wrote citing a former troll who spoke to a...

The National Bank of Ukraine has denied accusations of involvement in the withdrawal refinancing funds through Austrian banks specializing in similar services for clients from CIS states, as reported on the NBU website. The report says correspondent accounts in these Austrian banks were used to artificially inflate the banks` capital and withdraw...

Large- and medium-sized Ukrainian enterprises exported 683,470 tonnes of sunflower oil in March 2017, which was 54.7% up from February 2017 and 59.2% up year-over-year (y-o-y), according to the association of vegetable oil and animal fat producing enterprises Ukroliyaprom. Exports of Ukrainian sunflower oil in monetary terms were estimated at...

Ukraine has been hit by an Arctic cyclone which has caused considerable snowfalls in the east along with frosts and heavy winds, resulting in stalled traffic and blackouts across the country. Wet snow makes trees fall and tears power lines apart, cutting houses in villages and towns off the power grids. According to the State Emergency Situations...

A pair of Russian nuclear-capable bombers flew near Alaska Monday night, two U.S. officials told Fox News, coming as close as 100 miles from Kodiak Island – the first time since President Trump took office that Moscow has sent bombers so close to the U.S. The two Russian Tu-95 ”Bear” bombers flew roughly 280 miles southwest of Elmendorf Air Force...

Europe should be looking for a joint way in which to face Russian propaganda, the new Ukrainian ambassador to the Czech Republic, Yevhen Perebyinis, told CTK on Tuesday, according to the Prague Daily Monitor. The effects of propaganda are like the use of weapons of mass destruction, Perebyinis said, the Prague Daily Monitor wrote. Ukraine is the...